Finnish mining and metal manufacturing equipment provider Outotec has issued its financial results for the fourth quarter and the full year 2013. Accordingly, in the fourth quarter the operating profit of Outotec decreased to €25.4 ...
Tags: Finnish mining, Mineral
GOLDCORP INC. (TSX: G, NYSE: GG) today announced gold production and preliminary cash costs for 2013, and provided production and cash cost guidance for 2014 and the five-year period ending 2018. Goldcorp's year-end financial statements ...
Tags: GOLDCORP, gold production, cash costs, guidance for 2014
The price of crude oil fell below $100 a barrel Monday (October 21) after the U.S. government reported an increase in supplies. Metals prices were broadly higher and crop prices were mixed. Crude oil for November delivery fell $1.59, or ...
Tags: Crude Oil, oil, Metallurgy, Mineral, Energy
The Australian dollar has hit a six-week low after most metals prices fell during the offshore session on Friday night. At 6.30am AEST the local unit was trading at 102.78 US cents, down from 103.43 cents on Friday. Earlier today the ...
Tags: economy
Statistics released by Beijing painted a picture of rising inflation and slowing domestic growth, prompting worries that China's demand for Australian exports would weaken. At 4.47pm AEDT, the Aussie fetched $US1.0224 compared with ...
Tags: Aussie, US, Australian dollar
Weaker than expected Chinese economic data released over the weekend weighed on the Australian dollar in Asian trade yesterday. Statistics released by Beijing painted a picture of rising inflation and slowing domestic growth, prompting ...
Tags: Dollar, Australian dollar, US Dollar
Sims Metal Management reported that for the second half of 2012 (first half of fiscal 2013), revenues totaled $3.4 billion, a 25 percent decrease, primarily due to a reduction of intake and shipments in North America. Over the period, Sims ...
Tags: Metal Management, Metal, Metal Industry
The Australian dollar was higher after rising to a two-week high, helped by a lift in metals prices and better local consumer sentiment data. At 6.30am AEDT the local unit was trading at 103.45 US cents, up from 103.39 cents at ...
Tags: Australian dollar, metals prices, consumer sentiment data
Economic Times reported that iron ore is rallying the most in about 2 years as analysts predict that China, the biggest buyer, will import a record amount in 2013 as its accelerating economic growth spurs demand for steel. According to ...
London copper rose more than 2% on Wednesday, headed for its biggest daily rise since mid-November, as the US Congress struck a deal to avert a fiscal disaster and upbeat China data indicating steady improvement in the world's top copper ...
Tags: London, copper, copper consumption, metal induatry
The outlook for the Latin American metals and mining sector in 2013 is mostly stable,although ratings agency Standard&Poor's is expecting metals prices to continue to drop. According to the agency,the prospects for slower global economic ...
Tags: Latin American, Metals and Mining Sector, Standard and Poor
What do the gold market and the weather have in common? You can forecast both, but predict neither, according to Brien Lundin, chief executive of Jefferson Financial and publisher of Gold Newsletter. Lundin, who also organizes the New ...
Tags: Finance, Gold, Rare Earth, Metallurgy
London copper rose near a one month high early after lenders secured an aid deal for Greece boosting the euro and building on confidence about global demand for the metal sparked by signs of an economic revival in top consumer China. ...
Tags: copper, copper price, IMF, Greek Debt Deal
Reuters reported that London copper edged down after rising for two weeks in a row although signs of economic recovery in top consumer China and hopes for Greece to avert an imminent bankruptcy kept a floor under prices. Copper prices ...